Daily News, E-Commerce, EMVCo, EMVCo Secure Remote Commerce, EMVCo Secure Remote Commerce specification, Fraud & Security, Issuing & Acquiring, Secure Remote Commerce, Tokenisation -

The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification, announced in November, establishes the technical framework for enabling consumers to use their payment cards across channels more easily than current protocols allow. For example, a [...]

The post Major card schemes set for simpler e-commerce via EMVCo’s Secure Remote Commerce appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, E-Commerce, E-Money, EMV, EMV Payment, EMV Payment Tokenisation, EMV Tokenisation, EMVCo, Fraud & Security, Issuing & Acquiring, Payment Tokenisation, Tokenisation -

Technical body EMVCo launched version two of its EMV Payment Tokenisation Specification – Technical Framework in September. The market has evolved rapidly since v1.0 was launched in 2014 to address the needs of digital payments including e-commerce, and minimize the fraud risk associated to an exposure of primary account numbers (PAN) – so v2.0 has [...]

The post What EMV payment tokenization 2.0 means for the payments industry appeared first on Payments Cards & Mobile.

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Contactless, Daily News, EMV, EMV chip card, EMV Level 1, EMVCo, EMVeriPOS, FIME, Fraud & Security, Issuing & Acquiring, Level 1 Contact Protocol Specifications, mobile point-of-sale, mPOS, POS Terminals -

FIME has completed its EMV Level 1 testing portfolio with the launch of EMVeriPOS. The new tool ensures that the communication between payment terminals and contact EMV chip cards is in line with EMVCo’s Level 1 Contact Protocol Specifications. This enables terminal and mobile point-of-sale (mPOS) vendors in any market around the world to increase efficiency [...]

The post New FIME tool qualified by EMVCo for Level 1 Testing appeared first on Payments Cards & Mobile.

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